Results 1 to 7 of 7
Like Tree4Likes
  • 1 Post By Krummhorn
  • 1 Post By teddy
  • 2 Post By GoneBaroque

Thread: Stock market crash 1929

  1. #1
    Vice Admiral Virtuoso methodistgirl's Avatar
    Join Date
    Aug 2007
    Location
    Madisonville,Ky.42431
    Posts
    4,377

    Stock market crash 1929

    Has anyone noticed that times now are just like when after the stock
    market crash of 1929? There are people now who remember the
    Great depression and the stories are just like what is happening now.
    What do you think?
    judy tooley

  2. #2
    Spectral Warrior con passion White Knight's Avatar
    Join Date
    Nov 2010
    Location
    NYC
    Posts
    2,529
    Blog Entries
    1

    Angry 1929 Stock market crash

    Quote Originally Posted by methodistgirl View Post
    Has anyone noticed that times now are just like when after the stock
    market crash of 1929? There are people now who remember the
    Great depression and the stories are just like what is happening now.
    What do you think?
    judy tooley
    Judy, you make a good point. According to my father, who lived through the Great Depression of 1929, what we are and have been experiencing is in essence the same phenomenon, but this time around it is on a global level. He also maintains that we refuse to call it by its proper name; namely, a depression. "A rose by any other name", I guess.
    Whatever floats your boat May your reach always exceed your grasp Anyway, Ciao for now, Steve

  3. #3
    Duckmeister teddy's Avatar
    Join Date
    Apr 2010
    Location
    Kent
    Posts
    5,408
    Worth mentioning that things do appear to be getting worse over here. There is talk about reducing taxation to encourage people to earn more. The last time the Conservatives got into power they did this and it did stimulate the economy and also stopped people leaving the country for tax reasons.

    teddy

  4. #4
    Administrator Krummhorn's Avatar
    Join Date
    Aug 2006
    Location
    Tucson, Arizona
    Posts
    6,744
    Blog Entries
    3
    Our "present-dent" is trying to do the same thing here ... it's time that our Congress takes action instead of debating it like a dead horse ... that's why we taxpayers pay them to do ... but, they have no worries as Congress has its own retirement plan and medical coverage completely apart from Social Security, and that, imho, is so very wrong.

    We need to remove every incumbent in both houses and start again with fresh people ... maybe people who really want to help get this country back on track.
    GoneBaroque likes this.

  5. #5
    Duckmeister teddy's Avatar
    Join Date
    Apr 2010
    Location
    Kent
    Posts
    5,408
    Yes, we have the same problem Lars. it seems that people no longer go into politics for the sake of the country, but to get their snouts in the trough. All MPs should have to have held down a job before being elected and have to rely on public transport and use the state health service

    teddy
    GoneBaroque likes this.

  6. #6
    Commodore con Forza GoneBaroque's Avatar
    Join Date
    May 2011
    Location
    Et in Arcadia Ego
    Posts
    628
    All politicians believe that their primary duty is to get themselves re-elected. Perhaps if they were limited to one term and barred from ever running for another office, were paid the extravagant salary of $1.00 or its equivalent per year (which is more than most now in office are worth) with no pension and no housing we would get representatives who are there because they cared about the nation andthe people. The people need to get off their sofas and step forward to make their displeasure known.
    marval and teddy like this.
    The only reason for time is to prevent everything from happening at once - Albert Einstein

    You know you have reached Middle Age when it takes you longer to rest up than it did to get tired.

    If it sounds good; it is good

    Rob

  7. #7
    Duckmeister teddy's Avatar
    Join Date
    Apr 2010
    Location
    Kent
    Posts
    5,408
    I agree totally

    teddy

Similar Threads

  1. Is there a market for a recipe swapping thread?
    By Tûrwethiel in forum Community Center and Chat Forum
    Replies: 141
    Last Post: Jan-13-2009, 02:24

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •